30 -- Wednesday, May 16, 1990 - North Shore News NORTH VANCOUVER-based Seaboard Shipping Co. Ltd., has won a $120,840 federal govern- ment contract to lease space on three vessels for Environment Canada. The department wili use the space to acquire metecrological data for the upper atmosphere while the vessels are at sea. The contract runs until March 31, 1991. aan JACK BRYCK, a professional engineer with Dayton and Knight Ltd., of North Vancouver, has been elected president of the B.C. Water and Waste Association (BCWWA). Bryck replaced out-going presi- dent Hew McConnell at the BCWWA’s annual conference in Victoria last month. The con- ference was the largest ever, at- tracting more than 500 people from the 1,100 member associa- tion. : eae A NUMBER of personnel changes have been made at Versatile Pacific Shipyards Inc. (VPSD. John Wells of Victoria has been appointed director of new con- struction for VPSI. Formerly operations manager, Wells joined the company in 1972 and has been involved with the de- velopment of the Polar Class 8 icebreaker, which was chopped in federal Finance Minister Michael Wilson’s February budget. Wells has also been involved in shipyard modernization planning. Other VPSI appointments in- clude Dave Longdale, formerly engineering services manager, be- ing named the new director of business development and Duncan McKinnon, who replaces Longdale as engineering manager. ete Canfor Corp. profits down REDUCED PULP shipments were the largest cause of a substantial reduction in first quarter earnings for Canfor Corporation, according to the company’s interim report to shareholders. Canfor’s net income for the three months ending March 31, 1990, was $13.1-million, or 55 cents per common share after pro- visions for preferred dividends. The result was down substantially from the company’s 1989 first quarter net income of $30.2- million, or $1.26 per share, but was essentially unchanged from its earnings for the final quarter of fast year. Net sales were $239.7-million, an increase from 1989 first quarter sales of $202.2-million, reflecting the acquisition of Balfour Forest Products Inc., in mid-1989. “Pulp customers have been drawing down their inventories and the company has responded by curtailing production at Prince George Pulp and Paper in order to contro! its own inventories,”’ said Canfor chairman and chief execu- tive officer Peter Bentley. ‘“‘As a rewlt, not only were pulp ship- ments lower, but costs were higher because of the reduced production levels.’” Bentley added that ‘‘further production curtailments will be necessary.” Pulp shipments were also down at Howe Sound Pulp and Paper Lid., owned 50 per cent by Canfor, and production volumes and costs were ‘‘adversely affected by operating difficulties related large- ly to the expansion project.”’ Commenting on the outlook, the report states that Canfor’s earn- ings will ‘‘continue to be impaired by the likely need for further down time at pulp operations, the con- tinued high Canadian dolar ex- change rate and the excessive stumpage charges in the north- central Interior.’’ THE HONGKONG Bank of Canada (HKBC) opened a new branch this week at 42nd Ave., and Cambie Street in Vancouver with Vancouver-Little Mountain MLA Grace McCarthy and bank president Jimi Cleave cutting the ribbon. The HKBC, the seventh largest bank in Canada, provides a full range of commercial and personal banking services through its net- work of 63 branches. It recently announced an agree- ment to acquire Lloyds Bank Canada, subject to final approval by regulatory authorities. When the transaction is com- pleted, the branch network will in- crease to more than 100 offices and consolidated assets will exceed $10 billion. Current assets are $6.4 billion. aur A NEW service offering lower charges for fax transmissions will be introduced by B.C. Tel on June 1, following interim regulatory approval from the Canadian Radio-Television and Telecom- munciations Commission. The new service, FaxCom, is a ’ fax only, subscription-based ser- vice designed for customers who transmit facsimiles over long distance network. FaxCom, offered’ to businesses and residential customers, will allow for the transmission of documents from B.C. to anywhere in Canada and the United States, excluding Alaska and Hawaii. anann The Council of The Corporation of The District of North Vancouver is in the process of considering a revised draft of the DISTRICT OFFICIAL COMMUNITY PLAN and wishes to invite you to examine the proposed Goals, Objectives, Poiicies and Implementation Strategies at an OPEN HOUSE to be held on Saturday May 26 from 10 am to 5pm at the DISTRICT MUNICIPAL HALL 355 West Queens Road North Vancouver Note on Procedure: The original Bylaw 6000 was given a public hearing on May 30th 1989. This hearing was adjourned in order to allow time for a review of some major issues raised in connection with The Official Community Plan. Bylaw 6300, the new district Official Community Plan incorporates the following revisions based on input from the Citizens Review Committees and Professional Consultants; The designation of Maplewood Flats and filled lands as conservation areas; The designation of five industrially-zoned parcels West of Cates Park for Park, Recreation, and Wilderness land use; The elimination of new residential uses in the Inter-River Area and the expansion of Lynn Canyon Park; . The inclusion of elements of the North Vancouver Transportation Network Study's recommendations; The elimination of the Greater Vancouver Water District Lands from the Urban Reserve land use category. “ Council intends to recommence the public hearing on Bylaw 6000 only for the purpose of closing it and defeating it at a Special Council Meeting immediately following. The new Bylaw 6300, which is the subject of the Open House, will be given a public hearing on the same date. This OPEN HOUSE is an informal meeting for the examination of the proposals. The formal PUBLIC HEARING will be heid on June 12 at Balmoral Junior Secondary School. We look forward to seeing there Sila Mayor Marilyn Baker